A simple lesson exposes the flaw in Trump’s trade-deficit claims.
Daily Analysis
A Primer on Government Spending and Red Ink, Part III
How much time can the dollar’s special status buy America before debt hits a tipping point?
The Cost of Socialism in Ghana
Ghana and Botswana show how policy choices create long-term divergences.
Can Chile Once Again Become the Latin Tiger?
Chile’s market reforms once powered decades of strong growth. New tax cuts and investment incentives could revive momentum, if the government does one key thing.
A Good Day for Javier Milei
An encouraging advance for Javier Milei’s agenda despite his party lacking a majority.
The Pro-Growth Impact of Deregulation
Evidence across OECD countries suggests that labor and product-market reforms can lift private investment over time.
Defining Socialism, Part II
Labels matter less than the real test: whether policy expands state power at the expense of economic liberty and prosperity.
Prospects for Economic Reform in Colombia
Prosperity requires bold, broad reforms.
Artificial Intelligence and the 8th Theorem of Government
The question that matters for AI is whether innovation ultimately raises living standards for everyone.
The Miracle of Compounding Growth, Part III
Growth is the best way to help the less fortunate in societies.